QQQ PowerShares QQQ Daily Chart Analysis: 2026-Jan-06 07:15 CT

Price Action

• Last: 617.99,
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month Jan

• Intermediate-Term
• MSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• MSFG Trend: Neutral.

YSFG Year 2026

• Long-Term
• YSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• YSFG Trend: Neutral.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt low 610.15,
• 4. Pvt. Next: Pvt high 621.87,
• 5. Levels R: 637.01, 629.21, 625.52, 621.87,
• 6. Levels S: 610.15, 600.22, 580.74, 558.84.

Daily Benchmarks

• (Short-Term) 5 Day: 618.32 Down Trend,
• (Short-Term) 10 Day: 618.14 Down Trend,
• (Intermediate-Term) 20 Day: 611.71 Up Trend,
• (Intermediate-Term) 55 Day: 605.16 Up Trend,
• (Long-Term) 100 Day: 602.25 Up Trend,
• (Long-Term) 200 Day: 558.49 Up Trend.

Additional Metrics

• ATR: 733,
• VOLMA: 32,709,273.

Overall Rating

• Short-Term: Bearish,
• Intermediate-Term: Bearish,
• Long-Term: Bullish.

Key Insights Summary

The QQQ daily chart currently reflects a short-term and intermediate-term bearish environment, as indicated by the downward swing pivot trends and the 5-day and 10-day moving averages both trending down. Price is consolidating near the lower end of the recent range, with the most recent swing low at 610.15 acting as immediate support, and multiple resistance levels overhead, notably at 621.87 and 625.52. The intermediate and long-term moving averages (20, 55, 100, and 200 day) remain in uptrends, suggesting that the broader bullish structure is intact despite the current pullback. Volatility, as measured by ATR, is elevated, and volume remains robust, indicating active participation during this consolidation phase. The neutral stance of the session fib grids (weekly, monthly, yearly) further supports the view of a market in pause or transition, rather than a clear breakout or breakdown. Overall, the chart suggests a corrective phase within a larger uptrend, with the potential for further choppy or range-bound action until a decisive move occurs above resistance or below support.